2009 Shareholder Advocacy At-A-Glance
Since Investing For A Better World is a quarterly publication, we lack the space to write about all of our advocacy initiatives in depth. But at the end of each proxy season, we attempt to give them all their due at least graphically! Elsewhere on this site, you’ll find the text of every shareholder resolution that we sponsor (and co-sponsor, in which we take a lesser role). Lead Files AT&T Omitted Internet privacy & freedom of expression CenturyTel 30.5% Internet privacy & freedom of expression Chevron 7% Strengthen global environmental standards ConocoPhillips 30.5% Report on impact of tar sands Dominion …
The (R)evolution Will Be Computerized: Web 2.0 Technologies Will Make “Shareholder Democracy” a Reality
Just as doctors at dinner parties hear about fellow guests’ medical dilemmas, people tend to confess to me that they throw out their shareholder proxy ballots. They’re too jargon-filled and arcane, and who’s got the time to evaluate whether the auditor is a good choice or whether a shareholder resolution is as preposterous and costly as management says it is? Besides, they only own 50 shares of the company. Estimates range widely, but all agree that the vast majority of individual investors regularly toss their ballots into the circular file. Economists call this “rational apathy,” but while it may be …
Climate Change Shareholder Resolution Wins Majority at Idacorp
In a precedent setting victory, a shareholder resolution filed by Trillium Asset Management Corporation (“Trillium”), As You Sow, and Calvert that asked Idaho Power to establish greenhouse gas emissions reduction targets received 52% of the vote. This is the first time a climate change resolution has received a majority vote — the first majority vote recorded for a climate change shareholder proposal. In response to the vote, Idaho Power CEO LaMont Keen said that the company took this message seriously, and would work to meet the resolution’s request for a report by September 30th. The resolution received the endorsement of the Idaho …
Idacorp – Greenhouse Gas Emissions Reduction (2009)
WHEREAS In 2007, the Intergovernmental Panel on Climate Change found that that “warming of the climate system is unequivocal” and that man-made greenhouse gas emissions are now believed to be the cause with greater than 90 percent certainty. In October 2007, a group representing the world’s 150 scientific and engineering academies, including the U.S. National Academy of Sciences, issued a report urging governments to lower greenhouse gas emissions by establishing a firm and rising price for such emissions and by doubling energy research budgets to accelerate deployment of cleaner and more efficient technologies. In October 2006, a report authored by …
Advocacy Update for 2003(A)
Resolutions and Dialogue Cover a Wide Range of Sustainability Issues …
Trillium Finds IdaCorp Failing to Respond to Investor Calls for Disclosure(A)
Trillium issued the following press release today expressing disappointment with IdaCorp's failure to disclosure critical economic information regarding the relicensing of the Hells Canyon Complex of dams. Despite the vote of 35.5% of shareholders in support of disclosing this information, Idacorp omitted most of the requested information for its draft license application which it filed last week. …
Highlights From Trillium Asset Management's 2002 Shareholder Initiatives(A)
Idacorp, ExxonMobil, EMC Votes Achieve Record Setting Levels …
Our IdaCorp Shareholder Proposal Wins Support of 34% of Shares Voted(A)
Stockholder Send Clear Message on Salmon Protection and Importance of Disclosure! …
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